{"id":436836,"date":"2017-11-13T18:29:29","date_gmt":"2017-11-13T18:29:29","guid":{"rendered":"https:\/\/ghana-mma.com\/2017\/11\/13\/we-shall-resist-tax-on-chop-money-ndc-mps\/"},"modified":"2017-11-13T18:29:29","modified_gmt":"2017-11-13T18:29:29","slug":"we-shall-resist-tax-on-chop-money-ndc-mps","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2017\/11\/13\/we-shall-resist-tax-on-chop-money-ndc-mps\/","title":{"rendered":"We shall resist tax on \u2018chop money\u2019 \u2013 NDC MPs"},"content":{"rendered":"<p><img decoding=\"async\" src=\"https:\/\/ghanamma.com\/wp-content\/uploads\/2017\/11\/1510597769_52_picture-475x267.jpg\" \/><\/p>\n<div>\n<aside class=\"mashsb-container mashsb-main mashsb-stretched\"> <\/aside>\n<p>The Minority National Democratic Congress (NDC) Members of Parliament (MPs) have cautioned that they will resist any attempt by the government to impose tax on house-keeping money, known in the local language as \u2018chop money\u2019, especially, when if it is introduced in the 2018 budget.<\/p>\n<p>The government intends to introduce taxes on mobile money transactions by all the network operators in the country in the 2018 budget and economic policy with sole objective of mobilizing enough resources internally for developmental projects.<\/p>\n<p>But in the view of the minority, such a measure will hugely affect low income earners, especially, those who receive their housekeeping money via mobile money transactions.<\/p>\n<p>Addressing stakeholders at a round table breakfast meeting in Accra on the 2018 Budget and Economic policy of the government, the Ranking Member on the Finance Committee and former deputy Minister of Finance, Cassiel Ato Forson, said \u201cIt is also regressive because, compared to the relatively affluent non-core financial services that the NPP removed for the relatively rich, this insensitive [mobile money umbrella tax] will seriously affect millions of Ghanaians who use their telephones to transfer small amounts to relatives.\u201d<\/p>\n<p>The Minister for Finance, Ken Ofori-Atta will be presenting the 2018 budget statement and economic policy of government onbehalf of President Akufo-Addo, on November 15,2017 which is expected to focus on Industrialization; Agriculture and consolidation gains made after almost a year in office.<\/p>\n<p>There are strong indications that government may push ahead with some fiscal reforms that could lead to further\u00a0cuts in tax rates as well as social intervention programs such as Free Senior High School, nurse training allowance would be maintained.<\/p>\n<p>However, the Minority maintains that it is an indirect way of taxing transactions such as transfers of school fees and medical bills.<\/p>\n<p>Mr Forson also added that the NPP must provide some relief to low-income families from \u201cchop money\u201d transfer tax, as it is nothing more than a backdoor move to reintroduce the taxes they removed last year.<\/p>\n<p>On the country\u2019s debt, Ato Forson indicated that the national debt has ballonned alarmingly within 11months that the Akufo- Addo government has been in charge.<\/p>\n<p>At the last reckoning, the public debt had increased from GH\u20b5122.6billion in January,2017 to GH\u20b5138.6billion as of June and is set to increase due to recent developments to 150billion by end of December 2017.<\/p>\n<\/p><\/div>\n<p><script>(function(d, s, id) {var js, fjs = d.getElementsByTagName(s)[0];if (d.getElementById(id)) return;js = d.createElement(s); 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The government intends to introduce taxes on mobile money transactions [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":436837,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[],"class_list":["post-436836","post","type-post","status-publish","format-standard","has-post-thumbnail","category-politics"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>We shall resist tax on \u2018chop money\u2019 \u2013 NDC MPs - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2017\/11\/13\/we-shall-resist-tax-on-chop-money-ndc-mps\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"We shall resist tax on \u2018chop money\u2019 \u2013 NDC MPs - Ghanamma.com\" \/>\n<meta name=\"twitter:description\" content=\"The Minority National Democratic Congress (NDC) Members of Parliament (MPs) have cautioned that they will resist any attempt by the government to impose tax on house-keeping money, known in the local language as \u2018chop money\u2019, especially, when if it is introduced in the 2018 budget. The government intends to introduce taxes on mobile money transactions [&hellip;]\" \/>\n<meta name=\"twitter:creator\" content=\"@ghanamma\" \/>\n<meta name=\"twitter:site\" content=\"@ghanamma\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/11\\\/13\\\/we-shall-resist-tax-on-chop-money-ndc-mps\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/11\\\/13\\\/we-shall-resist-tax-on-chop-money-ndc-mps\\\/\"},\"author\":{\"name\":\"\",\"@id\":\"\"},\"headline\":\"We shall resist tax on \u2018chop money\u2019 \u2013 NDC MPs\",\"datePublished\":\"2017-11-13T18:29:29+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/11\\\/13\\\/we-shall-resist-tax-on-chop-money-ndc-mps\\\/\"},\"wordCount\":394,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/11\\\/13\\\/we-shall-resist-tax-on-chop-money-ndc-mps\\\/#primaryimage\"},\"thumbnailUrl\":\"\",\"articleSection\":[\"Politics\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/11\\\/13\\\/we-shall-resist-tax-on-chop-money-ndc-mps\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/11\\\/13\\\/we-shall-resist-tax-on-chop-money-ndc-mps\\\/\",\"url\":\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/11\\\/13\\\/we-shall-resist-tax-on-chop-money-ndc-mps\\\/\",\"name\":\"We shall resist tax on \u2018chop money\u2019 \u2013 NDC MPs - Ghanamma.com\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/11\\\/13\\\/we-shall-resist-tax-on-chop-money-ndc-mps\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/11\\\/13\\\/we-shall-resist-tax-on-chop-money-ndc-mps\\\/#primaryimage\"},\"thumbnailUrl\":\"\",\"datePublished\":\"2017-11-13T18:29:29+00:00\",\"author\":{\"@id\":\"\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/11\\\/13\\\/we-shall-resist-tax-on-chop-money-ndc-mps\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/11\\\/13\\\/we-shall-resist-tax-on-chop-money-ndc-mps\\\/#primaryimage\",\"url\":\"\",\"contentUrl\":\"\"},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/#website\",\"url\":\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/\",\"name\":\"Ghanamma.com\",\"description\":\"News In Ghana - Latest Ghana News Headlines\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"We shall resist tax on \u2018chop money\u2019 \u2013 NDC MPs - Ghanamma.com","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.ghanamma.com\/2017\/11\/13\/we-shall-resist-tax-on-chop-money-ndc-mps\/","twitter_card":"summary_large_image","twitter_title":"We shall resist tax on \u2018chop money\u2019 \u2013 NDC MPs - Ghanamma.com","twitter_description":"The Minority National Democratic Congress (NDC) Members of Parliament (MPs) have cautioned that they will resist any attempt by the government to impose tax on house-keeping money, known in the local language as \u2018chop money\u2019, especially, when if it is introduced in the 2018 budget. The government intends to introduce taxes on mobile money transactions [&hellip;]","twitter_creator":"@ghanamma","twitter_site":"@ghanamma","twitter_misc":{"Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.ghanamma.com\/2017\/11\/13\/we-shall-resist-tax-on-chop-money-ndc-mps\/#article","isPartOf":{"@id":"https:\/\/www.ghanamma.com\/2017\/11\/13\/we-shall-resist-tax-on-chop-money-ndc-mps\/"},"author":{"name":"","@id":""},"headline":"We shall resist tax on \u2018chop money\u2019 \u2013 NDC MPs","datePublished":"2017-11-13T18:29:29+00:00","mainEntityOfPage":{"@id":"https:\/\/www.ghanamma.com\/2017\/11\/13\/we-shall-resist-tax-on-chop-money-ndc-mps\/"},"wordCount":394,"commentCount":0,"image":{"@id":"https:\/\/www.ghanamma.com\/2017\/11\/13\/we-shall-resist-tax-on-chop-money-ndc-mps\/#primaryimage"},"thumbnailUrl":"","articleSection":["Politics"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.ghanamma.com\/2017\/11\/13\/we-shall-resist-tax-on-chop-money-ndc-mps\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.ghanamma.com\/2017\/11\/13\/we-shall-resist-tax-on-chop-money-ndc-mps\/","url":"https:\/\/www.ghanamma.com\/2017\/11\/13\/we-shall-resist-tax-on-chop-money-ndc-mps\/","name":"We shall resist tax on \u2018chop money\u2019 \u2013 NDC MPs - Ghanamma.com","isPartOf":{"@id":"https:\/\/www.ghanamma.com\/2017\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.ghanamma.com\/2017\/11\/13\/we-shall-resist-tax-on-chop-money-ndc-mps\/#primaryimage"},"image":{"@id":"https:\/\/www.ghanamma.com\/2017\/11\/13\/we-shall-resist-tax-on-chop-money-ndc-mps\/#primaryimage"},"thumbnailUrl":"","datePublished":"2017-11-13T18:29:29+00:00","author":{"@id":""},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.ghanamma.com\/2017\/11\/13\/we-shall-resist-tax-on-chop-money-ndc-mps\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.ghanamma.com\/2017\/11\/13\/we-shall-resist-tax-on-chop-money-ndc-mps\/#primaryimage","url":"","contentUrl":""},{"@type":"WebSite","@id":"https:\/\/www.ghanamma.com\/2017\/#website","url":"https:\/\/www.ghanamma.com\/2017\/","name":"Ghanamma.com","description":"News In Ghana - Latest Ghana News Headlines","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.ghanamma.com\/2017\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"}]}},"_links":{"self":[{"href":"https:\/\/www.ghanamma.com\/2017\/wp-json\/wp\/v2\/posts\/436836","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ghanamma.com\/2017\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ghanamma.com\/2017\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2017\/wp-json\/wp\/v2\/comments?post=436836"}],"version-history":[{"count":0,"href":"https:\/\/www.ghanamma.com\/2017\/wp-json\/wp\/v2\/posts\/436836\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.ghanamma.com\/2017\/wp-json\/wp\/v2\/media?parent=436836"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2017\/wp-json\/wp\/v2\/categories?post=436836"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2017\/wp-json\/wp\/v2\/tags?post=436836"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}